{"id":3491,"date":"2019-10-17T05:35:08","date_gmt":"2019-10-17T00:05:08","guid":{"rendered":"http:\/\/www.theteamwork.com\/articles\/?p=3491"},"modified":"2019-10-17T20:38:23","modified_gmt":"2019-10-17T15:08:23","slug":"2016-2100-indian-government-monthly-annual-consumer-price-index","status":"publish","type":"post","link":"https:\/\/www.theteamwork.com\/articles\/2016-2100-indian-government-monthly-annual-consumer-price-index.html","title":{"rendered":"Indian Government &#8211; Monthly and Annual Consumer Price Index"},"content":{"rendered":"<p><a href=\"https:\/\/www.theteamwork.com\/articles\/wp-content\/uploads\/2016\/10\/Government-of-India.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-7432\" src=\"https:\/\/www.theteamwork.com\/articles\/wp-content\/uploads\/2016\/10\/Government-of-India.jpg\" alt=\"Government of India\" width=\"728\" height=\"116\" srcset=\"https:\/\/www.theteamwork.com\/articles\/wp-content\/uploads\/2016\/10\/Government-of-India.jpg 728w, https:\/\/www.theteamwork.com\/articles\/wp-content\/uploads\/2016\/10\/Government-of-India-300x48.jpg 300w\" sizes=\"auto, (max-width: 728px) 100vw, 728px\" \/><\/a><\/p>\n<p><strong>India&#8217;s Consumer Price Index Based Inflation Rate Rises to 5.00 Percent in December 2014<\/strong><\/p>\n<p>New Delhi (Delhi, India), October 17, 2019<\/p><div data-ad-id=\"8601\" style=\"text-align:left; margin-top:px; margin-bottom:px; margin-left:px; margin-right:px;float:none;\" class=\"afw afw-ga afw_ad afwadid-8601  \">\r\n                                                                <script async=\"\" src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script><ins class=\"adsbygoogle\" style=\"background:none;display:inline-block;width:300px;height:600px\" data-ad-client=\"ca-pub-7798450846111448\" data-ad-slot=\"6557536103\">\r\n                                                                <\/ins>\r\n                                                                <script>\r\n                                                                        (adsbygoogle = window.adsbygoogle || []).push({});\r\n                                                                <\/script>\r\n                                                                \r\n                                                        <\/div>\n<p>India\u2019s annual Consumer Price Index (CPI), a benchmark that measures inflation, rose to 5.00 percent in December 2014 from a year earlier, as per the latest CPI inflation rate data release.<\/p>\n<p>The Central Statistics Office (CSO) of the Ministry of Statistics and Programme Implementation, Government of India, released the latest monthly and annual CPI inflation rate data on Monday, January 12, 2015.<\/p>\n<p>Inflation rate defines to a general rise in the retail prices measured against a standard level of consumer purchasing power.<\/p>\n<p>The final annual inflation rate, based on the Consumer Price Index, was 4.38 percent in November 2014, which was revised from the provisional inflation rate of 4.38 percent.<\/p>\n<p>In December 2014, the overall retail inflation rate in rural areas was 4.71 percent yearly and in the urban areas CPI was 5.32 percent yearly.<\/p>\n<p>The Consumer Price Index for all of India increased to 144.90, while the urban CPI was at 142.50, and the rural CPI was at 146.70 in December 2014 based on 2010 as the base year.<\/p>\n<p>The higher CPI inflation rate in December 2014 was driven by the increased prices of vegetables, milk and milk-based products, oils and fats, condiments and spices, and fruits.<\/p>\n<p>The Consumer Price Index based inflation rate was higher than the Wholesale Price Index (WPI) inflation for the period.<\/p>\n<p>The Wholesale Price Index inflation rate in India, released on December 15, 2014, decreased slightly to 0.00% in November 2014 as compared to 1.77% in October 2014 based on 2004-05 as the WPI base year.<\/p>\n<p>India had launched its Consumer Price Index in January 2011, which will eventually replace Wholesale Price Index as the primary indicator of inflationary trends in Asia&#8217;s third-largest economy.<\/p>\n<p>The all India Consumer Price Index will be in addition to the three retail price indices. Currently, the Ministry of Labour, Government of India, prepares CPIs or retail price indexes for industrial workers (CPI IW), rural labourers (CPI RL), and agricultural labourers (CPI AL).<\/p>\n<p>The Government of India uses Consumer Price Index for industrial workers to fix wages for its employees.<\/p><div data-ad-id=\"8683\" style=\"text-align:left; margin-top:px; margin-bottom:px; margin-left:px; margin-right:px;float:none;\" class=\"afw afw-ga afw_ad afwadid-8683  \">\r\n                                                                <script async=\"\" src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script><ins class=\"adsbygoogle\" style=\"background:none;display:inline-block;width:336px;height:280px\" data-ad-client=\"ca-pub-7798450846111448\" data-ad-slot=\"3966003673\">\r\n                                                                <\/ins>\r\n                                                                <script>\r\n                                                                        (adsbygoogle = window.adsbygoogle || []).push({});\r\n                                                                <\/script>\r\n                                                                \r\n                                                        <\/div>\n<p>The annual Consumer Price Index data measures retail prices in five major groups &#8211; food, clothing, housing, fuel and power, and education across urban and rural India to provide a comprehensive reference point for the policymakers. Food comprises the highest weighting of 45.50 percent in the CPI for providing a relatively realistic view on how consumers are affected by inflation at the retail level.<\/p>\n<p>The Consumer Price Index data also records price movements in services, which gives policymakers and economists a better idea of price movements at the consumer level. Services account for 55 percent of India&#8217;s economy. Services is not included in the WPI.<\/p>\n<p>The data for the India\u2019s Consumer Price Index is collected from 310 cities and towns and 1,181 rural centers by the Field Operations Division of NSSO and from selected villages by the Department of Posts. Complexity of data collection for CPI is higher than WPI. Therefore, it is necessary that the Ministry of Statistics and Programme Implementation (MOSPI) accurately estimates and reports price points.<\/p>\n<p><strong>Consumer Price Index (CPI) Break-up of Inflation Rate for December 2014 on Year-on-Year Basis<\/strong><\/p>\n<p>1. Cereals and Products: 3.98%<br \/>\n2. Pulses and Products: 7.28%<br \/>\n3. Sugar: -0.84%<br \/>\n4. Oils and Fats: -1.24%<br \/>\n5. Milk and Milk Products: 9.62%<br \/>\n6. Fruits: 14.84%<br \/>\n7. Condiments and Spices: 7.89%<br \/>\n8. Vegetables: 0.58%<br \/>\n9. Egg, Meat and Fish: 5.24%<br \/>\n10. Non-alcoholic Beverages: 5.95%<br \/>\n11. Prepared Meals: 6.61%<\/p>\n<p><strong>Food and Beverages: 5.00% (Total of 1 to 11)<\/strong><\/p>\n<p><strong>Fuel and Electricity: 3.41%<\/strong><\/p>\n<p><strong>Clothing, Bedding and Footwear: 6.51%<\/strong><\/p>\n<p><strong>Housing:<\/strong> Data Not Released<\/p>\n<p><strong>Miscellaneous Items:<\/strong> Data Not Released<\/p>\n<p><strong>Expected Consumer Price Index Based Inflation Rate in India for Next 3 Months on Year-on-Year Basis<\/strong><\/p>\n<p>January 2015: 4.37% Yearly (Forecast)<br \/>\nFebruary 2015: 4.31% Yearly (Forecast)<br \/>\nMarch 2015: 3.80% Yearly (Forecast)<\/p>\n<p><strong>Historical Consumer Price Index Based Inflation Rate in India for Last 48 Months on Year-on-Year Basis<\/strong><\/p>\n<p>Percent change in Index of Consumer Price over corresponding month of the previous year.<\/p>\n<p>Base Year of the Consumer Price Index: 2010<\/p><div data-ad-id=\"8683\" style=\"text-align:left; margin-top:px; margin-bottom:px; margin-left:px; margin-right:px;float:none;\" class=\"afw afw-ga afw_ad afwadid-8683  \">\r\n                                                                <script async=\"\" src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script><ins class=\"adsbygoogle\" style=\"background:none;display:inline-block;width:336px;height:280px\" data-ad-client=\"ca-pub-7798450846111448\" data-ad-slot=\"3966003673\">\r\n                                                                <\/ins>\r\n                                                                <script>\r\n                                                                        (adsbygoogle = window.adsbygoogle || []).push({});\r\n                                                                <\/script>\r\n                                                                \r\n                                                        <\/div>\n<p>December 2014 Consumer Price Index: 144.90 Inflation Rate: 5.00% Yearly<\/p>\n<p>November 2014 Consumer Price Index: 145.50 Inflation Rate: 4.38% Yearly<\/p>\n<p>October 2014 Consumer Price Index: 145.20 Inflation Rate: 5.52% Yearly<\/p>\n<p>September 2014 Consumer Price Index: 145.00 Inflation Rate: 6.46% Yearly<\/p>\n<p>August 2014 Consumer Price Index: 145.00 Inflation Rate: 7.73% Yearly<\/p>\n<p>July 2014 Consumer Price Index: 143.70 Inflation Rate: 7.96% Yearly<\/p>\n<p>June 2014 Consumer Price Index: 141.20 Inflation Rate: 7.31% Yearly<\/p>\n<p>May 2014 Consumer Price Index: 139.90 Inflation Rate: 8.28% Yearly<\/p>\n<p>April 2014 Consumer Price Index: 139.10 Inflation Rate: 8.59% Yearly<\/p>\n<p>March 2014 Consumer Price Index: 138.10 Inflation Rate: 8.31% Yearly<\/p>\n<p>February 2014 Consumer Price Index: 137.30 Inflation Rate: 8.03% Yearly<\/p>\n<p>January 2014 Consumer Price Index: 137.40 Inflation Rate: 8.79% Yearly<\/p>\n<p>December 2013 Consumer Price Index: 138.00 Inflation Rate: 9.87% Yearly<\/p>\n<p>November 2013 Consumer Price Index: 139.40 Inflation Rate: 11.16% Yearly<\/p>\n<p>October 2013 Consumer Price Index: 137.60 Inflation Rate: 10.17% Yearly<\/p><div data-ad-id=\"8683\" style=\"text-align:left; margin-top:px; margin-bottom:px; margin-left:px; margin-right:px;float:none;\" class=\"afw afw-ga afw_ad afwadid-8683  \">\r\n                                                                <script async=\"\" src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script><ins class=\"adsbygoogle\" style=\"background:none;display:inline-block;width:336px;height:280px\" data-ad-client=\"ca-pub-7798450846111448\" data-ad-slot=\"3966003673\">\r\n                                                                <\/ins>\r\n                                                                <script>\r\n                                                                        (adsbygoogle = window.adsbygoogle || []).push({});\r\n                                                                <\/script>\r\n                                                                \r\n                                                        <\/div>\n<p>September 2013 Consumer Price Index: 136.20 Inflation Rate: 9.84% Yearly<\/p>\n<p>August 2013 Consumer Price Index: 134.60 Inflation Rate: 9.52% Yearly<\/p>\n<p>July 2013 Consumer Price Index: 133.10 Inflation Rate: 9.64% Yearly<\/p>\n<p>June 2013 Consumer Price Index: 131.40 Inflation Rate: 9.87% Yearly<\/p>\n<p>May 2013 Consumer Price Index: 129.20 Inflation Rate: 9.31% Yearly<\/p>\n<p>April 2013 Consumer Price Index: 128.10 Inflation Rate: 9.39% Yearly<\/p>\n<p>March 2013 Consumer Price Index: 127.50 Inflation Rate: 10.39% Yearly<\/p>\n<p>February 2013 Consumer Price Index: 127.10 Inflation Rate: 10.91% Yearly<\/p>\n<p>January 2013 Consumer Price Index: 126.30 Inflation Rate: 10.79% Yearly<\/p>\n<p>December 2012 Consumer Price Index: 125.60 Inflation Rate: 10.56% Yearly<\/p>\n<p>November 2012 Consumer Price Index: 125.40 Inflation Rate: 9.90% Yearly<\/p>\n<p>October 2012 Consumer Price Index: 124.90 Inflation Rate: 9.75% Yearly<\/p>\n<p>September 2012 Consumer Price Index: 124.00 Inflation Rate: 9.74% Yearly<\/p>\n<p>August 2012 Consumer Price Index: 122.90 Inflation Rate: 10.03% Yearly<\/p>\n<p>July 2012 Consumer Price Index: 121.40 Inflation Rate: 9.86% Yearly<\/p><div data-ad-id=\"8683\" style=\"text-align:left; margin-top:px; margin-bottom:px; margin-left:px; margin-right:px;float:none;\" class=\"afw afw-ga afw_ad afwadid-8683  \">\r\n                                                                <script async=\"\" src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script><ins class=\"adsbygoogle\" style=\"background:none;display:inline-block;width:336px;height:280px\" data-ad-client=\"ca-pub-7798450846111448\" data-ad-slot=\"3966003673\">\r\n                                                                <\/ins>\r\n                                                                <script>\r\n                                                                        (adsbygoogle = window.adsbygoogle || []).push({});\r\n                                                                <\/script>\r\n                                                                \r\n                                                        <\/div>\n<p>June 2012 Consumer Price Index: 119.60 Inflation Rate: 9.93% Yearly<\/p>\n<p>May 2012 Consumer Price Index: 118.20 Inflation Rate: 10.36% Yearly<\/p>\n<p>April 2012 Consumer Price Index: 117.10 Inflation Rate: 10.26% Yearly<\/p>\n<p>March 2012 Consumer Price Index: 115.50 Inflation Rate: 8.96% Yearly<\/p>\n<p>February 2012 Consumer Price Index: 114.60 Inflation Rate: 9.14% Yearly<\/p>\n<p>January 2012 Consumer Price Index: 114.00 Inflation Rate: 7.55% Yearly<\/p>\n<p>December 2011 Consumer Price Index: 113.60<\/p>\n<p>November 2011 Consumer Price Index: 114.10<\/p>\n<p>October 2011 Consumer Price Index: 113.80<\/p>\n<p>September 2011 Consumer Price Index: 113.00<\/p>\n<p>August 2011 Consumer Price Index: 111.70<\/p>\n<p>July 2011 Consumer Price Index: 110.50<\/p>\n<p>June 2011 Consumer Price Index: 108.80<\/p>\n<p>May 2011 Consumer Price Index: 107.10<\/p>\n<p>April 2011 Consumer Price Index: 106.20<\/p><div data-ad-id=\"8683\" style=\"text-align:left; margin-top:px; margin-bottom:px; margin-left:px; margin-right:px;float:none;\" class=\"afw afw-ga afw_ad afwadid-8683  \">\r\n                                                                <script async=\"\" src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script><ins class=\"adsbygoogle\" style=\"background:none;display:inline-block;width:336px;height:280px\" data-ad-client=\"ca-pub-7798450846111448\" data-ad-slot=\"3966003673\">\r\n                                                                <\/ins>\r\n                                                                <script>\r\n                                                                        (adsbygoogle = window.adsbygoogle || []).push({});\r\n                                                                <\/script>\r\n                                                                \r\n                                                        <\/div>\n<p>March 2011 Consumer Price Index: 106.00<\/p>\n<p>February 2011 Consumer Price Index: 105.00<\/p>\n<p>January 2011 Consumer Price Index: 106.00<\/p>\n<p><a href=\"https:\/\/www.theteamwork.com\/articles\/2016-2101-indian-government-current-monthly-annual-inflation-rate.html\"><strong>Indian Government &#8211; Current Monthly and Annual Inflation Rate<\/strong><\/a><br \/>\nIndia&#8217;s Wholesale Price Index Based Inflation Rate Eases Lower to Zero Percent in November 2014<\/p>\n<p><a href=\"https:\/\/www.theteamwork.com\/articles\/2016-2104-indian-government-monthly-annual-industrial-growth-data.html\"><strong>Indian Government &#8211; Monthly and Annual Industrial Growth Data<\/strong><\/a><br \/>\nGovernment of India &#8211; India&#8217;s Index of Industrial Production (IIP) Grew at 3.80% in November 2014<\/p>\n<p><a href=\"https:\/\/www.theteamwork.com\/articles\/2016-2057-government-india-income-tax-slab-rates-ay-2015-2016.html\"><strong>Government of India &#8211; Income Tax Slab Rates for AY 2015-2016<\/strong><\/a><br \/>\nPersonal Income Tax Rates for the Financial Year 2014-2015 and Assessment Year 2015-2016<\/p>\n<p><a href=\"https:\/\/www.theteamwork.com\/articles\/2016-2056-government-india-income-tax-slab-rates-ay-2014-2015.html\"><strong>Government of India &#8211; Income Tax Slab Rates for AY 2014-2015<\/strong><\/a><br \/>\nPersonal Income Tax Rates for the Financial Year 2013-2014 and Assessment Year 2014-2015<\/p>\n<p><a href=\"https:\/\/www.theteamwork.com\/articles\/2016-2103-reserve-bank-india-monetary-policy-quarterly-review.html\"><strong>Reserve Bank of India &#8211; Monetary Policy and Quarterly Review<\/strong><\/a><br \/>\nReserve Bank of India\u2019s Policy on Curbing Rising Prices in India<\/p>\n<p><a href=\"https:\/\/www.theteamwork.com\/articles\/2016-2071-minimum-support-prices-agricultural-commodities-india.html\"><strong>Minimum Support Prices of Agricultural Commodities in India<\/strong><\/a><br \/>\nGovernment of India &#8211; Minimum Support Prices of Various Agricultural Commodities<\/p>\n<p><a href=\"https:\/\/www.theteamwork.com\/articles\/2016-2001-indian-government-plans-policies-projects.html\"><strong>Indian Government &#8211; Plans, Policies, and Projects<\/strong><\/a><br \/>\nGovernment of India \u2013 Current and Past Agricultural Plans, Policies, Programs, Projects, and Schemes<\/p>\n<div data-ad-id=\"8684\" style=\"text-align:left; margin-top:px; margin-bottom:px; margin-left:px; margin-right:px;float:none;\" class=\"afw afw-ga afw_ad afwadid-8684  \">\r\n                                                                <script async=\"\" src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script><ins class=\"adsbygoogle\" style=\"background:none;display:inline-block;width:336px;height:280px\" data-ad-client=\"ca-pub-7798450846111448\" data-ad-slot=\"2905808847\">\r\n                                                                <\/ins>\r\n                                                                <script>\r\n                                                                        (adsbygoogle = window.adsbygoogle || []).push({});\r\n                                                                <\/script>\r\n                                                                \r\n                                                        <\/div><\/p>","protected":false},"excerpt":{"rendered":"<p>India\u2019s annual Consumer Price Index (CPI), which measures inflation, rose to 5.00% in December 2014 as per the latest CPI inflation rate data released on January 12, 2015. In India, the CPI based inflation rate was higher than WPI inflation for the period.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[3072,3070,3069,438,3071],"class_list":["post-3491","post","type-post","status-publish","format-standard","hentry","category-indian-government","tag-annual-consumer-price-index","tag-consumer-price-index","tag-indian-consumer-price-index","tag-indian-government","tag-monthly-consumer-price-index"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Indian Government - Monthly and Annual Consumer Price Index - Articles<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.theteamwork.com\/articles\/2016-2100-indian-government-monthly-annual-consumer-price-index.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Indian Government - Monthly and Annual Consumer Price Index - Articles\" \/>\n<meta property=\"og:description\" content=\"India\u2019s annual Consumer Price Index (CPI), which measures inflation, rose to 5.00% in December 2014 as per the latest CPI inflation rate data released on January 12, 2015. 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